Liquidity pressure “substantial” on Vietnam’s banks

Liquidity pressure “substantial” on Vietnam’s banks

Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
Rebuilding lives a priority in aftermath of Typhoon Yagi

Rebuilding lives a priority in aftermath of Typhoon Yagi

In the wake of Typhoon Yagi, addressing the tragic consequences and rebuilding efforts has become paramount, with crucial bank support and strategic advice from industry experts guiding the process.
Assessing Vietnam’s investment appeal through expert eyes

Assessing Vietnam’s investment appeal through expert eyes

Jimmy Koh from UOB delves into Vietnam's appeal to foreign investments, and how UOB supports foreign direct investment (FDI) business expansion.
Softened USD exchange rate anticipated at year-end

Softened USD exchange rate anticipated at year-end

The pressure on the VND-USD exchange rate is forecast to remain insignificant, with perhaps a slight retreating for the rest of 2024, according to experts.
Bank system forecast to overcome pressure

Bank system forecast to overcome pressure

The banking system in the second half of the year is projected to overcome inflationary pressures and support credit growth due to the combined effects of supportive factors.
Fluctuations to be expected ahead of Fed cut and election

Fluctuations to be expected ahead of Fed cut and election

The global economy is awaiting moves from the US Federal Reserve to cut interest rates. Nguyen Tri Hieu, senior financial expert, shared with VIR’s Nhue Man implications of eminent global standing on Vietnam’s economy and weighing efficient channels for investment in the rest of 2024.
Loan interest rates move slower than deposit rates

Loan interest rates move slower than deposit rates

Amid concerns that the strong push for higher deposit rates by banks will lead to an increase in interest rates, Tran Ngoc Bau, CEO of WiGroup Data and Financial Technology JSC, spoke with VIR’s Nhue Man about expectations for the market.
Direct impact of exchange rates on business operations

Direct impact of exchange rates on business operations

Duong Bui, FX Trading Associate director for Markets & Securities Services at HSBC Vietnam, shared with VIR’s Nhue Man how upcoming exchange rate fluctuations may affect import-export businesses.
Commercial banks' credit growth picture in Q1 through expert lens

Commercial banks' credit growth picture in Q1 through expert lens

Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, elaborates on the credit landscape in the first quarter of this year.
Forecasts upbeat for banks’ 2024 profits

Forecasts upbeat for banks’ 2024 profits

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.
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